BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.

The evaluation committee found each of the three firms non-responsive,” Teletalk Acting Managing Director Nurul Mabud Chowdhury told TBS on Monday (24 February) ...

With tariffs still looming for Canada, various hardware and chip producers in the country are bracing for the potential impact and what it could mean for their businesses.

Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...

Despite the challenges posed by anti-globalization sentiment, Chinese electric vehicle makers are persevering in their ...

In comparison to Bangladesh, China saw a 2.61% growth in 2024 in apparel exports to the EU, while Pakistan and Cambodia experienced more significant growth rates of 12.41% and 20.73%, respectively ...

Canada is at an economic crossroads. The FP Economy: Trade Wars newsletter brings you the latest developments. With Chinese ...

The move comes as U.S. SMEs increasingly rely on Chinese suppliers and markets despite geopolitical tensions. According to the U.S. Census Bureau, bilateral trade between the U.S. and China reached ...

The Trump administration took aim at China with a series of moves involving investment, trade and other issues that raises the risk ties may soon worsen between the U.S. and its top economic rival.

Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.